the-daily-hit:-september-12th,-2024-|-where-to-buy-cbd-vape-online

The Daily Hit: September 12th, 2024 | Where to buy CBD Vape online

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The Daily Hit is an overview of the top stories in financial news for Thursday, September 12, 2024.

On the Site

New Jersey incorporates hemp products into marijuana regulatory scheme

New Jersey Gov. Phil Murphy signed into law on Thursday a new bill which forces intoxicating hemp products into the same regulatory framework as state-legal marijuana businesses. It also requires retailers to stop selling such hemp products until they have received formal approval by marijuana officials. Read more Here is a link to the article.

Former California cannabis regulator files suit against ex-bosses for alleged whistleblower retaliation

A former employee of the main cannabis regulator in California, who was responsible for overseeing testing laboratories, filed a lawsuit in state court against her ex employer on Monday. She claimed that she was wrongfully terminated after pressing for action on reports about serious business violations. Read more Here is a link to the article.

Planet 13 to acquire Las Vegas dispensary, expanding Nevada footprint

Planet 13 Holdings Inc. announced plans to purchase a Las Vegas dispensary, for $6.9M plus inventory value. This will extend its reach into the Silver State. Read more Here is a link to the article.

Boies legal team moves forward in commerce case

The federal lawsuit filed by marijuana companies to overturn the cannabis prohibition through the courts has been re-opened. Read more Here is a link to the article.

Green Thumb secures a ‘first-of its-kind’ credit facility of $150 million

Green Thumb Industries Inc., (CSE:GTII) (OTCQX : GTBIF), announced Thursday that it had closed on a syndicated credit of $150 million. Read more Here is a link to the article.

California craft farmers’ direct-to-consumer bill awaits governor’s signature

A number of cannabis activist groups held a webinar online on Tuesday in an attempt to increase pressure on Gov. Gavin Newsom to convince him to approve a bill passed by the legislature late August, which would grant a path to market to small marijuana farmers. Read more Here is a link to the article.

Other News

Pennsylvania

A judge has ruled that former owners of a medical cannabis company owe $24.5 million to their former partner. Read more Here is a link to the article.

Indiana

The Democratic candidate for Governor has pledged that medical marijuana will be legalized first, followed by recreational marijuana. Read more Here is a link to the article.

North Dakota

The state’s Catholic bishops are now opposing a ballot measure that would legalize adult-use cannabis in North Dakota. Read more Here is a link to the article.

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